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20130714
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. here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the future, not living in the past. so the gentleman's
in order. we have seen some good news with an economy that recovers. we have seen our annual deficit numbers go down, although i have to be somewhat -- look with somewhat jaundiced eyes when the press is saying hallelujah, this year our deficit may be only $746 billion. that still is not -- is not good enough. and the solution set that we're looking for is not that far away. so in a moment, i'm going to make a couple comments and then ask my colleague, the medicare of our budget committee, to once again make an offer to proceed with regular order, something that has been the back stop of this debate about rules, something that our colleagues on the other side of the aisle, perhaps appropriately, beat us over the head for three years on about the fact that we ought to have a regular order around the budget. well, it's now been 110 days since the united states senate approved a budget. after a marathon session that went until 5:00 in the morning, a session that i think even our colleagues on the other side who didn't vote for the budget would agree was open and appropriate to rules and
the deficit and ultimately address the towering debt that we're facing as a country, not only today but even the worse debt we'll be facing given the current trend we're on in the future. mr. chairman, remember when we were told to get our tires properly inflated and people snickered saying, is this an energy policy? well, at least those ideas actually saved energy and actually saved cost. albeit a drop in the bucket. but now in one of its latest efforts, along comes the department of energy and proposes a regulation to impose destructive and unnecessary energy efficiency standards for ceiling fans. and like much of their agenda, it is completely counterproductive. it's big government run amuck, another example. it's an example of the complete disregard bureaucrats have for the practical implications of the regulations that they issue. the department of energy contends that a certain amount of energy would be saved by requiring greater efficiency from ceiling fans, as the gentlelady mentioned and explained. now, of course, that ignores the fact that ceiling fans are already far more energy e
to the deficit? no. instead we are recklessly pushing forward this partisan bill designed to inflict grave harm. and even more pernicious is the substance of this bill which throws millions of american families aside. this removes the entire nutrition title from the farm bill with no indication that the majority intends to take up those programs in the near future. let's be clear about what this means. food stamps are the critical central area of our social safety net. helping over 47 million americans, nearly half of them are children. 99% of recipients live below the poverty line. 75% of households leaving this aid include a child, a senior citizen or an individual with a disability. these are the individuals and republican hat this majority has just called extraneous. they are not extraneous. the bill before us would mean he death now of the food stamp program, the other nutrition programs that have been part of the farm bill for decades. this bill is immoral and it is a serious risk to our society. 532 farm groups sent the speaker a letter opposing the splitting off of nutrition program. bi
student loan interest rates at current levels for two years without adding a penny to the deficit. because of this obstruction, loan rates doubled on july 1, piling thousands of dollars more of debt, mor that more than 7 mn students owe. republicans are push planning to balance the budget right on the backs of struggling students. if the legislation passed by house republicans or the plan by senate republicans becomes law, student loan rates would more than double over the next few years as interest rates increased. the speaker, speaker boehner, has said that the house has acted and now the ball is in the senate's house. we talked about that yesterday, madam president. what is he talking about? they've acted and now we should act. i guess we could talk about what he this didn't do last year on the farm bill. i guess we could talk about what they didn't do last year on the post office. i guess we could talk about what they haven't done this year on the farm bill. we could talk about what they haven't done that is so devastating to small businesses around america; that is, having people who
in the future and paying off our deficit. we simply cannot afford to spend taxpayer dollars on research, the private sector can do better and taxpayers should not be asked to provide additional support to an industry that consistently has record-breaking profits. our energy sector has some of the of the most promising ideas and technologies in the world. our energy policy, however, is horribly outdated. h.r. 2609 slashes research and development for renewable energy by some 60% and adds additional money that the administration either want -- neither wants nor needs to research fossil fuels and clean coal. at the same time it continues to spend far too much on fossil fuel r&d. in fact, we dole out more fossil fuel subsidies than any other country. more than $500 billion in 2011. and they often go to expensive projects with little upside. the fact is we don't need to spend taxpayer money this way. fossil fuel companies are highly profitable, posting some of the highest profits in the world, and they can shoulder than other r&d costs. -- their own r&d costs. this is a clear example of dupl
Search Results 0 to 5 of about 6

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